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$CMG appointed Curt Garner as CIO and becomes first CIO of $CMG, effective Nov. 23, 2015. Prior to joining $CMG, Garner served as CIO at $SBUX, where he held a variety of positions in the company's information technology group throughout his 18 years with the company. In his new role at $CMG, Garner will report to Jack Hartung, CFO.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.